C.2 Economics, Skills #1-7 Knowledge Check

Descripción

Social Science Test sobre C.2 Economics, Skills #1-7 Knowledge Check, creado por Jasmine M. el 11/02/2021.
Jasmine M.
Test por Jasmine M., actualizado hace más de 1 año
Jasmine M.
Creado por Jasmine M. hace más de 3 años
2
0

Resumen del Recurso

Pregunta 1

Pregunta
Who wrote The Wealth of Nations?
Respuesta
  • Bretton Woods
  • Adam Smith
  • Benjamin Franklin
  • Alexander Hamilton

Pregunta 2

Pregunta
In the United States both privately-owned companies as well as the government have important roles in the economy. This exemplifies a [blank_start]Mixed[blank_end] economy.
Respuesta
  • Mixed
  • Democratic
  • Traditional
  • Capitalist

Pregunta 3

Pregunta
Congress has the responsibility for implementing monetary policy.
Respuesta
  • True
  • False

Pregunta 4

Pregunta
The universal economic goals of a society are ____________________.
Respuesta
  • decreased scarcity, improved economy, reduced wants, increased distribution
  • new goods, improved services, government involvement, market control
  • opportunity costs, production possibilities, traditional economy, demand
  • allocative efficiency, productive efficiency, full employment, equity
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